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&#9758 give subpoena power to the presidential commission investigating the oil spill.

&#9758 mandate a new $2 fee per barrel of oil and 20 cents per million BTU of natural gas produced on federal leases.

&#9758 mandate $900 million of annual spending for the federal Land and Water Conservation Fund, a 46-year-old account designed to help states and local governments acquire property for parks and protected wildlife areas.

&#9758 require all offshore drilling vessels working within 200 miles off the nation’s coastline to be registered in the United States and owned by Americans by next July. The Deepwater Horizon rig was registered in the Marshall Islands.

&#9758 hike the required insurance coverage for offshore facilities, to a minimum of $30 million (from $10 million) for those in state waters and at least $105 million for operations in federal waters.

&#9758 mandate offshore drilling vessels be built in the United States. The bill would exempt all facilities under contract when the measure is enacted and would allow the government to waive the mandate in cases where U.S. shipyards could not produce a required vessel “within a reasonable period of time.”

&#9758 overhaul the federal regulatory agency responsible for policing offshore drilling, following allegations of lax enforcement and a too-cozy relationship with the oil and gas industry. The Obama administration has already begun breaking the Minerals Management Service into three separate divisions, but the legislation would codify the overhaul in federal law.

&#9758 require energy company CEOs to certify _ under penalty of up to 10 years in jail fines of up to $10 million per day _ that well designs are safe, the firms have adequate oil spill response plans and that the companies are capable of quickly drilling a relief well if there is an emergency.

&#9758 require the Interior Department to impose new standards for cement barriers and mandate redundant components for blowout preventers, the devices used when wells are drilled as a final safeguard to block uncontrolled surges of oil and gas.

&#9758 end so-called “royalty relief” by barring companies from new drilling in federal lands and waters unless they renegotiate leases that allow the waiver of royalty payments to the federal government whenever energy prices dip below certain thresholds. In some leases issued in the late 1990s, the government did not stipulate that it could suspend the royalty waivers if prices jumped _ an oversight that could cost the government an estimated $53 billion in foregone revenues.

&#9758 create a new Gulf Coast Restoration Program to coordinate plans to restore the region in the wake of the oil spill.

&#9758 broaden the scope of exploration plans energy companies must file with the federal government, so they describe worst case scenarios.

&#9758 triple the current 30-day limit for the federal government to review exploration plans, and allow that review to be extended indefinitely under some situations.

&#9758 double fines on companies that underpay royalties they owe the federal government or make late payments. These new penalties of up to $50,000 per day per violation would apply to all minerals, including coal as well as oil and natural gas.

&#9758 create new licensing requirements for the masters of offshore drilling rigs.

&#9758 force the federal government to update its list of pre-approved dispersants that can be used to break up oil in future spills. As amended, the bill also would require companies to disclose the ingredients of dispersants used to break up oil.

&#9758 force companies to pay federal royalties on any oil spilled from their wells.

&#9758 allow a study of the viability of drilling relief wells while drilling the primary well.

&#9758 get rid of the existing $75 million cap on economic and natural resource damages that companies can be forced to pay for oil spills from offshore facilities. Under current law, the companies are already responsible for all cleanup costs and the $75 million liability cap is lifted entirely in cases of gross negligence or violations of federal law.

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